Forex DIFFERENT pairs trading question ............ | Traders Hideout - futures trading strategies, market news, trading charts and platforms

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Forex DIFFERENT pairs trading question ............

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Trading Experience: Intermediate
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md1933 View Post
I want to make sure I understand the UN-COREELATION on two different Forex pairs please:

So so long as the Two Pairs are nearly 100% Un-Correlated , can you still profit from the two pairs , via being Long one and short the other ?
Since they are nearly to 100% Un-Correlated, this seems to make sense ?

Thank you for the help

You can't find pairs that are negatively correlated at -100%. Take the EUR/USD it is said to be almost always negatively correlated to the USD/CHF but in reality the negative correlation hovers around -85%. But to be sure, serve yourself and visit this page at Oanda:

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